debt
confidence high
sentiment neutral
materiality 0.60
Regions Financial issues $1B of 5.502% senior notes due 2035
REGIONS FINANCIAL CORP
- Issued $1,000,000,000 aggregate principal of 5.502% Fixed/Floating Rate Senior Notes due 2035.
- Net proceeds to Regions were $996,000,000 before offering expenses.
- Underwriters include Barclays, Citigroup, Deutsche Bank, UBS, and Regions Securities.
- Notes issued under existing indenture with Deutsche Bank Trust Company Americas as trustee.
- Proceeds intended for general corporate purposes; no specific use disclosed.